Study: Online-Entertainment Spending to Soar

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U.S. consumer spending for online entertainment -- including on-demand gaming, music and video services -- will increase by 260% in the next five years, according to “Digital Lifestyles: 2006 Outlook,” a new study by Parks Associates.

The report projected that, driven by broadband usage and innovations in digital entertainment platforms and content services, revenue will jump from $2.4 billion this year to nearly $9 billion in 2010.

The study forecast that the number of worldwide consumer broadband subscribers will grow from 184 million in 2005 to more than 360 million in 2010.

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